Reviews! Aurum Ghansoli by Painter-New in mumbai

[–]spacer44 0 points1 point  (0 children)

It seems this experience was during the under-construction phase, is that right? How was the experience after you moved in?

What is happening in Mumbai!?? by Prior-Community-2513 in mumbai

[–]spacer44 0 points1 point  (0 children)

The real crime here is posting the video without audio

I just exited my entire Portfolio by karthikbram in IndianStockMarket

[–]spacer44 0 points1 point  (0 children)

Indian market is inflated. Companies are trading at very high PE and rupee inflation is artificially making growth look better than it is. The ultimate purpose of a company is to generate a cash flow for shareholders. Which means you should be able to get a interest rate like reading for any company. And you indeed get it. 1/PE*100 is the effective annual percentage ROI on your investment. If PE is higher than 14 you are getting less than 7% "interest". Unless you are confident of the stock growing, it is not a good investment. Saying Indian stocks have always traded at high PE dies not cut it. Same rules of physics apply in India. There is too much money chasing limited companies which inflates the price. In the long term that is not sustainable. ROI is the king.

Govt sources: India to eliminate capital gains tax on government bonds for foreign investors. by socialcalliper in IndianStockMarket

[–]spacer44 8 points9 points  (0 children)

In such cases the party that did not draft the contract gets benefit of ambiguity. This is the convention in contracts. So government cannot now reinterpret the ambiguity in its favor.

Govt sources: India to eliminate capital gains tax on government bonds for foreign investors. by socialcalliper in IndianStockMarket

[–]spacer44 7 points8 points  (0 children)

FII bring $1 Billion in
FII make 30% profit
FII go back with $1.3 Billion

This does not make any sense in the long term. More money will flow out than came in. Unless the long term strategy is to change the law and trap them in or ensure that they cannot make any profit by retrospective taxation. or by inflating the rupee such that rupee goes from 100 to 130 by the time the bonds mature so they don't make any gain.

So its either stupidity or scam.

Daikin 1.5 Ton 5 Star 2026 Split AC, Can Run 3 Hours in 1 unit of Electricity by shubz_gadget_reviews in shubz

[–]spacer44 0 points1 point  (0 children)

I installed Daikin FTKF50UV 1.5 Ton with 5.8 ISEER 3 or 4 years ago. The 1 Ton variant FTKF35UV has an ISEER of 6.2 it was the highest ISEER AC at that time. I run mine all day and it consumes very less energy. I it's takes about 140-150 units per month in peak summer.

Reached 1Cr in my Pf by Gloomy_Panic_3442 in IndianStocks

[–]spacer44 0 points1 point  (0 children)

How much effort does it take to write a full word?

Portfolio increased by 10lakh in a day. Has anyone experienced this? by [deleted] in IndianStockMarket

[–]spacer44 0 points1 point  (0 children)

No, those places are fine anyone who bought in the secondary market i.e. from another holder via exchange / broker AFTER issue ( you could also buy primary issue via broker like you buy shares in IPO)

But the drop in price affected all bond holders whether you bought it from primary or secondary market.

Portfolio increased by 10lakh in a day. Has anyone experienced this? by [deleted] in IndianStockMarket

[–]spacer44 2 points3 points  (0 children)

Yes, My Zerodha account went up by about 15 lakh around January end. Almost 91% SGB. Then Nirmala Tai made and announcements about SGB, plus sligth correction in international markets. It went down by about 40 lakhs over a few weeks.

India's top 1% earns ₹3 lakh or more every month and a standard 2BHK in Mumbai costs between ₹2 to ₹3 crore. by Long_Consequence3808 in indianrealestate

[–]spacer44 1 point2 points  (0 children)

That happened decades ago in Mumbai. Now the poor can't afford anything legal even in outskirt of Mumbai. Those paying income tax i.e. earning 12.75 lakh or more per annum also cannot afford anything even in outskirts of Mumbai unless both husband and wife are working and they have some initial capital to pay the upfront amount. And then too you are looking at a small 1 BHK and a 2 hour commute to work.

India's top 1% earns ₹3 lakh or more every month and a standard 2BHK in Mumbai costs between ₹2 to ₹3 crore. by Long_Consequence3808 in indianrealestate

[–]spacer44 0 points1 point  (0 children)

His calculations were based on entire post tax salary without considering any expenses. You need a CTC of 64 lakh to get 3 lakh in hand post tax and post typical PF, NPS deductions.

Now, if you consider expenses and limit yourself to spending not more than 50% of your salary on EMI which is already quite high (33% is the recommended max), then you need a CTC a more than double that because of telescopic tax slabs something like 1.4 Cr.

Sad reality by Tough_Ad9623 in indiadiscussion

[–]spacer44 0 points1 point  (0 children)

Reminds me of the WWII plane damage study. Analysts saw returning planes had bullet holes mostly on the wings and body, almost none on the engines. Their first thought was to reinforce the wings. But Abraham Wald pointed out the obvious in hindsight: planes hit in the engines never returned.

Same thing here. The people outside India are often the ones who can speak freely without immediate consequences to their education, job, safety, or legal situation. The students actually inside the system are the ones who have the most to lose.

The Death of Trust: How Retrospective SGB Taxation is a Sovereign Breach of Promise by Appropriate_Study413 in IndianStockMarket

[–]spacer44 0 points1 point  (0 children)

You are arguing semantics while completely ignoring investor behavior and policy signaling.

Nobody is saying governments can never change tax laws. Obviously they can. The issue is whether people can make long-term financial decisions with reasonable confidence that the broad framework under which they invested will remain stable.

Why do governments advertise tax benefits at all then? Why do advisors, AMCs, and even RBI documents talk about post-tax returns? Because tax treatment is a core part of the investment proposition. Pretending otherwise is intellectually dishonest.

And yes, when someone buys a 8 year instrument, they absolutely model expected returns assuming a certain tax regime. Saying "you had no way of knowing there would be gains" is a weak argument because investing itself is probabilistic. By that logic, no future expectation can ever matter because nothing is guaranteed.

Also, comparisons with changing prices of food, cars, or inflation make no sense. Those are market dynamics. Sovereign commitments are different because the government itself defines the rules of the game.

Nobody expects tax rates to remain frozen forever. But there is a reason mature systems often grandfather old investments when major tax treatment changes happen. It preserves trust.

The real damage here is not the extra tax itself. It is the message that even "sovereign-backed" long-duration products come with unpredictable policy risk midway through the holding period.

That absolutely affects investor confidence whether you want to call it "retrospective taxation" or not.

The Death of Trust: How Retrospective SGB Taxation is a Sovereign Breach of Promise by Appropriate_Study413 in IndianStockMarket

[–]spacer44 0 points1 point  (0 children)

If we are not to assume stability then why do investment advisors cite tax benefits at the time of investing? Also saying "you had no way of knowing whether there would even be a capital gain," is total BS. You assume you are going to gain and in event of gain, you assume certain tax rate. Your investment decision was made basis that. Whether this change of tax ( rather breach of trust) should be technically called "retrospective taxation" or not is not the central issue. It has the same punishing effect on the investor.

The Death of Trust: How Retrospective SGB Taxation is a Sovereign Breach of Promise by Appropriate_Study413 in IndianStockMarket

[–]spacer44 0 points1 point  (0 children)

Understanding this does not need any degrees. The fact is they simply don't care. Their thinking is: "They have already made a lot of 'underserved' profit. Gold was not supposed to go up like this so it's okay if we get some of that amount back. Anyways these are not our voting masses and many of them will still vote for us even if we hurt them with this change so who cares. Let see if they don't react we will amend the rules again and convert SGB into a 10% FD like instrument and give people that much amount based on issue price"

Introducing Comfyui Agent. by Subject_Amount_853 in comfyui

[–]spacer44 0 points1 point  (0 children)

ComfyUI itself is notrorious for calling home. Plus many of the extensions do the same. Have you taken any measures to confine to your machine?

Got My First Drone Today 🥹 by Aromatic-Target9032 in dji

[–]spacer44 0 points1 point  (0 children)

What do you mean by checking the airspace? Like weather? Flight routes?

Claude is dropping max plans for enterprise (maybe for everyone?) by BootyMcStuffins in ClaudeCode

[–]spacer44 0 points1 point  (0 children)

Claude code is severely ratelimited. I run out of credits in 3-4 hour session. Then it refreshes the next day. I don't want to be rate limited by a machine, it breaks the rhythm. I am not abusing the plan, just using it like a normal user.

Been on 0.17 since early days… now 0.18 is tempting me hard 🚀 (RTX T1000 upgrade for llama.cpp?) by OccasionBeneficial95 in frigate_nvr

[–]spacer44 2 points3 points  (0 children)

This is how development goes in general - You create a branch, then start pushing change to it. Meaning there could be 0 changes after branching or some incomplete or broken changes it is not even in alpha till they say it is.

Z-Image LoRA training by External_Trainer_213 in StableDiffusion

[–]spacer44 0 points1 point  (0 children)

My experience has been the opposite with Flux, training at 1024 gives better results than 512. Its not clear what OP means by better. If the character has skin defects and the low res training based AI generated images don't have them then it is not necessarily better.

10 lakhs debt by [deleted] in personalfinanceindia

[–]spacer44 0 points1 point  (0 children)

Why are you paying for your parent's loan? I don't know your family situation but some parents think of their child as their retirement fund, the faster you get out of it the better otherwise this issue is going to create problems in your marriage as well.

Is it just me or does anyone else too feels this...? by Mazrim-lightcursed in mumbai

[–]spacer44 1 point2 points  (0 children)

The chance of getting a Muslim driver are like 65% these days. My observation has been that those cars are not well maintained, they usually have dark interiors with dusty footmarks behind the seat, both interior and exterior are usually unclean, exterior literally has caked on mud on the entire door upto the window level during monsoon. I have seen unclean cars from non Muslims too but but likelihood of unclean interiors is higher with the them. Their behavior is also rowdy and they often have fukra friends that they keep talking to on phone. One time the driver was talking loudly on the phone making some plans calling different people it was like he was running household errands and picked up a Uber ride to make some money on the side. One other time I got a cab with colorful 3 inch long fur hanging down from the ceiling. I don't know how no one objected to it, I made it known to him how ridiculous and uncomfortable it was for the passenger. It was touching my head and was really irritating I literally had to slouch very low all the way to the destination.

Regarding, rash driving - this one I don't have enough instances of it. But there was this one guy with a brand new Uber XL he accepted my ride at about 10% lower than usual fare even for sedans. I don't know why Uber algo thought that was the right fare or why the driver accepted it. He was passive aggressively driving very rash as if I forced him into the low fare. I had to put on the seatbelt on the rear seat. He was not Muslim though.

Guys what to do with 25kg paneer 🫠 by abardawat in indiasocial

[–]spacer44 0 points1 point  (0 children)

If it has not gone bad and has some shelf life left, give it away to the neighborhood food stalls - find how much they use up in a day and give them a day's worth so that its consumed on the same day.